Upzoned
How To Handle Small-Scale Development Finance: Insights From Kansas City
Aug 7, 2024
In this discussion, Jason Carter-Solomon, an incremental developer and commercial lender from Kansas City, shares his insights on small-scale development financing. He unpacks the layers of risk developers face, emphasizing the significance of understanding entitlements and building inspections. Jason highlights the emotional toll of navigating bureaucratic challenges and advocates for community collaboration. Through personal anecdotes, he illustrates the complexities of securing financing and the need for adaptability in fostering relationships with builders and inspectors.
49:17
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Quick takeaways
- Small-scale developers face significant financial challenges due to lengthy approval processes and stringent lending requirements, which impede their progress.
- Navigating zoning regulations and building codes presents complex bureaucratic hurdles that can discourage inexperienced developers from pursuing projects.
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